Cost Comparison Worksheet This worksheet contains an itemized list of costs associated with living on and off campus. Pay special attention to the following points before using the worksheet. Be honest with yourself when it comes to the cost of food. If you find yourself “adjusting” the monthly allowance in order to achieve a lower total, you may be setting yourself up for a future budgeting nightmare. A nightmare in which you are forced to choose between a healthy diet or paying your electric bill; or having a social life or taking care of those unexpected events(i.e., attending a friend’s wedding; paying a plumber, etc.) that tend to pop-up from time to time. Call the local utility providers about mandatory monthly service charges and hook-up or connection fees. Ask the owner of the property to give you the average cost of monthly utilities. If he/she is unable to do so, ask the current residents what their lowest and highest utility bill were for each utility. If you divide the sum of the least and most expensive bills by two for each individual utility, you should be able to get a rough estimate of the average monthly utility costs. Economic Cost Living On Campus DeKalb Averages Security Deposit (One Time) Included in total cost X 1 = $575 X1= Electric Hook-Up Fee (One Time) Included in total cost X 1 = N/A X1= Gas Hook-up Fee (One Time) Included in total cost X 1 = N/A X1= Cable TV Hook-Up Fee (One Time) Included in total cost X 1 = $75 X1= Internet Connection Fee (One Time) Included in total cost X 1 = $75 X1= Water Hook-Up Fee (One Time) Included in total cost X 1 = N/A X1= Rent (Monthly) Included in total cost Food (Monthly Average) Included in total cost Electricity (Monthly) Included in total cost Gas (Monthly) Included in total cost Trash Removal (Monthly) Included in total cost Cable TV (Monthly) Included in total cost Internet Fee (Monthly) Included in total cost Water / Sewer (Monthly) Included in total cost $575X10 = $5,750 $575X12 = $6,900 $200X10 = $2,000 $200X12 = $2,400 $45X10 = $450 $45X12 = $540 $50X10 = $500 $50X12 = $600 $15X10 = $150 $15X12 = $180 $34X10 = $340 $34X12 = $408 $34X10 = $340 $34X12 = $408 $50X10 = $500 $50X12 = $600 X10 = X12 = X10 = X12 = X10 = X12 = X10 = X12 = X10 = X12 = X10 = X12 = X10 = X12 = X10 = X12 = $50X10 = $500 $50X12 = $600 Apartment Miscellaneous (Phone) $ Miscellaneous $ $ $ Miscellaneous $ $ $ Miscellaneous $ $ $ Standard Double = *$8,790/yr. Total Cost Double-as-Single = *$10,660/yr. Suite with Bath = *$10,700/yr. Stevenson Single = *11,060/yr. $ 10 Month Lease = $11,255/yr. Early termination fee? 10 Month Lease = Early termination fee? 12 Month Lease = $13,361/yr 12 Month Lease = *Rates based on the 2010-2011 academic year contract. The Gold Meal plan and ResNet Access & Support fee are included. 9/2010